Hey all!
The Cardano community has lent over 100 loans on Kiva, we are doing great work together, there is currently 9 members on our lending team— I would love to see that number grow, come help our team push our numbers higher, let’s 10x’s this kiva program @RobJF set up for us.
Together as a team we can have a huge impact on someone’s life in developing country’s and quite possibly in your own. The loans I initially made when our team was formed are paying me back and I just relend it (I have the option to deposit it in my bank).
We might not know each other, but together we can make big changes in the world.
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Come be a part of the team Cardano @ https://www.kiva.org/invitedto/cardano_community/by/christopher11568482
And please, please do not hate on me for a putting up a referral link like the Reddit sum####### did.
Let’s make an impact together outside of the ADA ecosystem
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Thanks for letting us know. I’ve been relending 250 or so on Kiva for years under the Christians team. But I’ll gladly join Cardano.
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And I’m now the 10th member of Kiva’s Cardano Community team! Yoohoo!
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Glad to have you as part of the team @MartinMKD, I would’ve used Kiva earlier if I had known about it, but it was not until @RobJF put this team together that I learned of it.
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Oh yeah… they’ve been around for a while in the microloan community. It’s funny, as soon as I saw your post, I logged in and the last of my $250 dollars had been repaid yesterday! So I now re-loaned out all 250 to 3 different needs, and they all appear as Cardano Community loans! yeah baby!
Wondering if Cardano could make a dent somehow with microloans to 3rd world countries/developing economies… as it is, we don’t make any interest, however, the middlemen who arrange the loans do charge the borrowers some interest - probably low enough, but still they end up repaying more than they borrowed. I suppose the ideal would be direct funding from creditor (us) to borrower, with an even more minimal overhead… Maybe I’m grasping at straws here…
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Nice idea Martin but one word: infrastructure. Kiva, working with the local agencies, has a system that’s quite complex but it works. Replacing that would be a massive task. But given time, who knows what’s possible… 
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one can dream I suppose. 
Seems at times finding ways how to plug Cardano and sell it is equally as difficult as coming up with it… Makes you gain appreciation for a good sales engineer.
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I think a practical step for the medium-term might be for Kiva to start accepting crypto from lenders, and then in the longer term, when Cardano is getting established in Africa, for the local agencies to make loans using it.
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Spark’s a thought Rob,
Kiva will most likely accept btc before other crypto’s, unless there is a strong argument of the benefit of accepting other crypto’s.
Kiva is about changing the world in small Increment’s, might be worth it to throw idea’s around to run a stake pool where all staking earnings are designated to fund kiva accounts, there are Philanthropists that would love to see profits off of their saving’s go to a good cause 
Hmmm… if there was a smart contract that could read ever changing values that would allow for a person staking their ada to receive a specified percentage of profit in their local currency and designate the rest of the profits to a Kiva like program and have it automated that would be way cool 
I will put my thinking hat on (it has no feathers yet, so you know) and try to think up a way on how something like this would be possible, seems like we would need some very awesome tools for such a program,.
I need a sweet feather in my hat so I will take a good look at this.
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Now that’s an idea! 
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I like it, so long as the upkeep cost of the pool is met first.
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Just to say we now have 11 members and total funding has jumped to nearly $3000!
If you haven’t already, please consider joining us…
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We’ve now reached $4k! That’s through 138 loans from 13 members. More info here:
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I have been repaid completely by this person, it’s my first repaid loan, I have many micro loans with different percentages paid back but wanted to show everyone the platform works and I am just going to roll the repayment over into a new loan to someone else that could use the help, glad to see so many people on our team it’s very Noble of you guy’s to participate, glad you chose the Cardano team too!
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That was 12 days ago. Now we’re at $4525, 150 loans and 18 members. Join this winning team!
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